Mixed messages as Leeds owner denies it wants to sell stake in club

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GFH Capital acquired the controlling stake in Leeds in December after a lengthy processAnna Gowthorpe/PA

Sam Munnery

Last updated at 4:52PM, March 20 2013

The future of Leeds United was cast into confusion today after the club’s
Dubai-based owner and its parent company issued conflicting messages about
plans for new investment.

GFH Capital hurriedly played down a statement from Gulf Finance House that the
group wanted to sell its entire stake in the npower Championship club, which
it bought after a protracted sale process just three months ago.

In their financial statements for 2012, which came to light yesterday, Gulf
Finance House said that GFH Capital was intent on selling its share in LUFC
Holdings, Leeds’ parent company, for £7 million more than they